Lead Prices Likely to Fluctuate High Amid Year-End Battery Producer Surge and Supply Tightening

[SMM Lead Morning Meeting Summary: Year-End Surge in Downstream Battery Producers VS Expected Supply Tightening, Lead Prices Likely to Fluctuate at High Levels]

Spot market fundamentals: As the year-end approaches, some large battery producers are ramping up production, with the overall operating rate of lead-acid batteries on an upward trend. Additionally, frequent smoggy weather recently has led to the issuance of Level II warnings in many regions...